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In a key step, the developers of proposed natural gas pipeline that would carry Marcellus Shale natural gas through Northampton County to New Jersey announced Thursday that they have received reservations for nearly all its 1 billion cubic foot-a-day-capacity. PennEast Pipeline opened its pipeline for bids in August, with the "open season" period closing this week. PennEast received binding reservations for more than 96 percent of the pipeline's capacity. It continues to receive interest from additional shippers and expects to finalize all agreements this month, PennEast said. "This successful open season demonstrates the demand for natural gas and the need for safe,...

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In a key step, the developers of proposed natural gas pipeline that would carry Marcellus Shale natural gas through Northampton County to New Jersey announced Thursday that they have received reservations for nearly all its 1 billion cubic...